Tuesday, December 12, 2017

SEC Warning Crypto Investors

The SEC, often a mouth piece for the establishment, has a poor track record of prediction and unbiased enforcement of securities laws. With that said, its highly likely they'll change the rules on cryptocurrencies in the future. Sudden rules changes often create illiquid markets in which the bullish majority can't find bid to exit their positions.

Headline: The SEC just issued a warning to cryptocurrency investors

The chairman of the U.S. Securities and Exchange Commission (SEC) on Monday warned investors of the dangers of putting their money into cryptocurrencies, saying trading and public offerings in the emerging asset class may be in violation of federal securities law.



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